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Bitcoin reverses above $ 99,000 milestones

Bitcoin officially surpassed a $ 99,000 brand, breaking through this historical threshold after weeks up.

The historical achievements of Bitcoin comes in the midst of significant diplomatic developments on the global phase. President Donald Trump announced yesterday “Great Trade Job” with what he called yesterday “great and very respectful, earth”, social truth, which is Sources It is known to have identified as the United Kingdom.

Bitcoin reverses above $ 99,000 milestones

This Agreement on American Britain signals potentially de-escalation of global trade tensions, improving risk appetites in financial markets.

Meanwhile, American Secretary of Treasury Scott Besento’s trip to Switzerland to meet with Chinese Ministry officials, caused additional optimism. “Current tariffs and trade barriers are unsustainable, but we do not want to challenge,” he said in the unhearty.

These diplomatic initiatives have contributed to the wider City CRIPTOCURRENCE, and the total market capitalization increases about 2.5% in the last 24 hours to reach $ 3.09 trillion today.

Yesterday’s decision of the federal reserves for interest rates at the range of 4.25% -4.50% significantly affected the Bitcoin path. They stated that they had stated Jerome Powell stagflation Risk – slow economic growth together with persistent inflation – partially attributes the Trump Tariff Policies.

The decision comes despite the prefect pressure of President Trump, who recently threatened the fire to fire to “too late” in late footsteps. Powell defended the Fed function, noted that “inflation is good agreement, but it is an excessive 2% longer objective goal.”

Following Powell’s remarks, Bitcoin was initially dipped under $ 97,000, but quickly recovered, showing the resilience that has transferred today’s accomplishment of a milestone.

Several main financial institutions maintain bullish projections for the future of Bitcoin.

Standard Chartered, through an analyst Geoff Kendrick, forecasting Bitcoin until the end of 2025. They reach $ 120,000 and $ 200,000. Their long-term prospects suggests at $ 500,000 to 2028. Years.

Matthew Sigel from Vanecka projected the peak of about $ 180,000 in 2025. Year with a double cycle scenario. Although Vaneck did not specify the official goal of 2030. years, predict new heights over 2025. years, potentially exceeds $ 400,000 in the next cycle.

Maybe most of the Alk Invest Bakar, which was led by Qatki wood, which maintains a basic case of $ 1.2 million, with an optimistic scenario in the amount of 2.4 million dollars and a conservative estimate of about $ 500,000.

As Bitcoin is established above $ 99,000, investors are watching to see if this psychological threshold becomes a new level of support for further progress towards these institutional projections.

(TagstotRanslate) Donald Trump (T) Scott Besent (T) Jerome Powell (T) Bitcoin (T) Financial Markets (T) Global Trade

https://s.yimg.com/ny/api/res/1.2/iL14zyl.SnDMfhGtSBNcbg–/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03Mjc-/https://media.zenfs.com/en/coinmarketcap_783/60920ea486b378f8532d7b527cac412e

2025-05-08 12:43:00

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